On January 30, the Senate Committee on Commerce, Science, and Transportation held a hearing to discuss the implementation of the American Innovation and Competitiveness Act (AICA). The AICA reauthorized and updated policies at the National Science Foundation (NSF), the National Institute of Standards and Technology (NIST), the White House Office of Science and Technology Policy (OSTP), and other federal science agencies.
According to the National Science Foundation’s (NSF) Science and Engineering Indicators 2018 report released on January 18, the U.S. is currently the global leader in science and technology (S&T), though our nation’s share of global S&T activities is declining as others continue to rise. This year’s report indicates that the U.S. invests the most in research and development (R&D), attracts the highest venture capital, awards the most advanced degrees, and is the largest producer in high-technology manufacturing sectors. However, U.S. leadership in the global science and engineering landscape is being challenged by rapidly developing nations, particularly China.